the region

Oro hosts 3rd Philippine Environment Summit on Feb 26-28

February 16, 2020

  Oro hosts 3rd Philippine Environment Summit on Feb 26-28 Cagayan de Oro will host the 3rd Philippine Environment Summit with the theme “Paradigm (re)Shift: Heeding Nature” on February 26-28, 2020 at the Grand Caprice Convention Center. This year’s Summit shall showcase programs and projects that contribute to the country’s social and economic advancement while protecting the environment. “Global warming and its flip side, climate change, has starkly revealed that our current paradigm for thinking and doing is unsustainable, and it is now undeniable that we must respect and return to nature’s principles if we are to continue the gains of cultural evolution and to save the environment on which our lives depend,” said  Dr. Angelina P. Galang, President of Green Convergence. The biennial Summit is unique to most fora on the environment that present the dire state of our planet in that it recognizes the countless efforts of many Filipinos who are taking positive steps to counter the destruction.   “Our Summit proclaims the good news,” Galang stressed. “We celebrate the Philippine environmental movement, and call for the Filipino people to unite in accelerating the drive towards sustainable development.” Confirmed plenary speakers include Federico Lopez, CEO of the Energy Development Corporation and Mitos Urgel of the World Fair Trade Alliance Asia. Also invited are Hollywood star and environmental activist Leonardo DiCaprio and Manila Mayor Isko Moreno. DENR Secretary Roy Cimatu will deliver the keynote address.  Hosting of the summit is rotated among the three major island groups of the country. The Summit was first held in 2016 in Luzon at the SM Mall of Asia, Metro Manila, while the 2018 event was held in Visayas at the Waterfront Hotel, Cebu City. The 2020 Summit will be the first time that Mindanao hosts the event. The 3-day Summit will carry the themes of Safe Food, Healthy Environment, and Sustainable Economy. Each day will have plenary sessions in the morning and breakout sessions in the afternoon. Around 1,000 participants from all over the country are expected to attend.  The 3rd Philippine Environment Summit is supported by the Energy Development Corporation and the Forest Foundation Philippines. Those who wish to attend are asked to pre-register at bit.ly/2020PESReg. For inquiries, send a message to greenconvergencephil@gmail.com.  BusinessWeek Mindanao, Mindanao Daily and the Metro Cagayan de Oro Times are proud media partners of the 3rd Philippine Environment Summit.                 ReplyReply allForward                    

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Xavier Ateneo’s Fr Tan presents research on CDO river catchment

February 15, 2020

Xavier Ateneo’s Fr Tan presents research on CDO river catchment ENVIRONMENT SCIENTIST. Fr Mars P Tan SJ, director of XU McKeough Marine Center, presents his research at the 15th National Symposium on Marine Science. Supplied photo.  AKLAN, Philippines — A research paper titled “Sediment Plume Behaviour and Coastal Current Circulation Patterns in the Coastal Marine Environment of the Cagayan de Oro River Catchment” was presented by Fr Mars P Tan SJ, director of XU McKeough Marine Center, at the 15th National Symposium on Marine Science held at the Aklan State University, Banga, Aklan. The research revealed the behavior of river-borne sediment plume as it reached the coastal water and based on the surface current circulation in the bay within the vicinity of the Cagayan de Oro river mouth. To calculate the sediment plume movement and the coastal circulation pattern during certain months, the study employed the Delft 3D modelling tool. The model used information such as wind speed and direction, tidal action, river velocity, water discharge, and suspended sediment concentration to calculate the movement, direction, and reach of the sediments in the coastal water. To qualify the varying effects of bay-forcing factors, three categories based mainly from the suspended sediment concentration and the water discharge rate were made: zero sediment and low water discharge, average sediment concentration and average water discharge, and extreme sediment concentration and very high water discharge. The resulting effects of the modelling showed that the largest amount of sediments was deposited near the mouth of the CDO river and the dispersed plume generally moved in a southeast direction in the bay. The 15th National Symposium on Marine Science was organized by the Philippine Association of Marine Science and Aklan State University, with support from the Aklan provincial government, DENR-UNDP SMARTSeas PH Project, Oceana, DA-BFAR National Fisheries Research and Development Institute, and other environmental organizations of the country. ∎  

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Xavier Ateneo, French Embassy renew their partnership on cultural programs

February 15, 2020

Xavier Ateneo, French Embassy renew their partnership on cultural programs   SIGNED (L-R): XU College of Arts and Sciences dean Dr Judy Sendaydiego, Attachée for Higher Education Emma Briffaut, Counselor for Cooperation and Cultural Affairs Jean-Jacques Forté, Xavier University president Fr Roberto "Bobby" C Yap SJ,  XU VPHED Dr Juliet Dalagan, OICN director Elisabeth Enerio, History/International Studies Department assistant chairperson Gleford Lagcao. Supplied photo.   CAGAYAN DE ORO CITY, Philippines — The Embassy of France to the Philippines, represented by Jean-Jacques Forté, Counselor for Cooperation and Cultural Affairs, and Xavier University - Ateneo de Cagayan, led by Fr Roberto "Bobby" C Yap SJ, renewed their memorandum of agreement (MOA) last January 21. The MOA underlines the strong relationship existing between the two institutions since 2014, as well as their common commitment to promote French culture and language within Xavier Ateneo. More than a hundred undergraduates of the XU are currently taking French language classes as part of their curriculum. Emma Briffaut, Attachée for Higher Education and head of Campus France-Philippines, presented to students and faculty opportunities to pursue their studies in French institutions.   Briffaut also met with XU faculty who are seeking training or doctoral programs in their fields or opportunities for collaborative research with their French counterparts.   Briffaut stressed the importance of seeking and elaborating links with French higher education institutions.∎ For more information, please visit philippines.campusfrance.org or philfrance-scholarships.com.  INSPIRING STUDENTS. Jean-Jaques Forté and Emma Briffaut present scholarship opportunities to XU students. Supplied photo.   FURTHER STUDIES. Emma Briffaut presents opportunities for collaborative research to XU faculty. Supplied photo. 

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SEC promotes One Person Corporations

February 12, 2020

The Securities and Exchange Commission is promoting the creation of One Person Corporations (OPCs) to address operational and organizational issues inherent in the single proprietorship and regular corporations of the country. “Among the issues addressed by the OPCs are the proliferation of intra-corporate squabbles affecting decision making, liabilities of single proprietorship owners inherent in sole proprietorships, and reportorial and other requirements inherent in the business forms allowed under the old Corporation Code,” said Lee Franco P. Magtrayo, Security Specialist of the SEC Cagayan de Oro Extension office during a seminar on the topic held last January 31st. “One of the key revisions of the Revised Corporation Code (Republic Act no. 11232 or the RCC) which became effective Feb. 23, 2019, (replacing Batas Pambansa Bldg. 68), and removing the minimum number of incorporators required to organize a corporation and allowed the formation of one-person corporation, a corporation with a single stockholder and without a minimum authorized capital stock required,” he added. “As early as the late 80s and early 90s we had already identified that our law on corporations needed to be proactive and dynamic. During our annual strategic planning, we identified provisions in the Corporation Code that we encountered at our level that needed to be amended.,” said Atty. Renato V. Egypto, regional director of the SEC Cagayan de Oro Extension office. “However, our recommendations did not prosper beyond the committee level in both houses of Congress,” he added. “It was only last year that the new law and amendments to the old Corporation Code were operationalized.” Egypto said the roll-out of the OPCs was further delayed by the slow response time on verification of OPC names last year. However this process has been expedited and so far 34 OPCs have already been registered with the SEC CDO Extension Office. “Starting this month, we will hold roadshows outside the city and region in addition to our present in-house seminars,” Egypto noted. “We will be closely coordinating with the chambers of commerce and this will be a year round activity in response to the clamor of businessmen.” Following are some of the salient features of OPCs discussed during the recent orientation seminar: A one person corporation (OPC) is a corporation with a single stockholder, who can only be a natural person, trust or estate. The incorporator of an OPC being a natural person must be of legal age. As an incorporator, the ‘trust’ as used by the law does not refer to a trust entity, but as subject being managed by a trustee. If the single stockholder is a trustee, administrator, executor, guardian, conservator, custodian, or other person exercising fiduciary duties, proof of authority to act on behalf of the trust or estate must be submitted at the time of incorporation. The suffix “OPC” should be indicated by the one person corporation either below or at the end o fits corporate name. The OPC is not required to have a minimum authorized capital stock except as otherwise provided by special law. Section 12 provides that Corporations shall not be required to have a minimum capital stock, except as otherwise specifically provided by special law capital stock required. Not allowed to form OPCs are banks, non-bank financial institutions, quasi-banks, pre-need, trust and insurance companies, public and publicly listed companies, non chartered GOCCs. A natural person who is licensed to exercise a profession may not organize as an OPC for the purpose of exercising such profession except as otherwise provided under special laws. A foreign natural person may put up an OPC, subject to the applicable constitutional and statutory restrictions on foreign participation in certain investment areas or activities. The single stockholder shall be the sole director and president of the OPC. He or she may not be appointed as corporate secretary but may assume the role of treasurer. The single stockholder who also assumes the position of Treasurer shall post a surety bond to be computed based on the authorized capital stock of the OPC. The single stockholder is required to designate a nominee and alternate nominee named in the Articles of Incorporation in the event of death and incapacity.  The written consent of both the nominee and alternate nominee shall be attached to the application for incorporation. The single stockholder may, at any time, change its nominee and alternate nomine by submitting to the Commission the names of the new nominees and their corresponding written consent. The Articles of Incorporation need not be amended. In case the single stockholder becomes incapacitated, the nominee can take over the management of the OPC as director and president. At the end of the incapacity, the single stockholder can resume the management of the OPC. In case of death or permanent incapacity of the single stockholder, the nominee will take over the management of the OPC until the legal heirs of the single stockholders have been lawfully determined and the heirs have agreed among themselves who will take the place of the deceased or disabled. The OPC is not required to submit and file its Bylaws. The OPC shall file its Articles of Incorporation (AI) in accordance with the requirements of Section 14 of the RCC. The AI must set forth its primary purpose, principal office address, term of existence, names and details of the single stockholder, the nominee and alternate nominee, and the authorized, subscribed, and paid-capital and such other  matters consistent with law and which may be deemed necessary and convenient. For more details contact Lee Franco P. Magtrayo, tel # (088) 857-4325 or email lfpmagrtrayo@sec.gov.ph  

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Young construction worker found dead in Iligan

February 11, 2020

ILIGAN City--A construction worker was found dead, at 9:30 in the evening on Wednesday, February 5, along the C3 Road of Doña Maria Phase 2, in Barangay Tubod, Iligan City, two days after he was declared missing. Major Abogado Mautin, chief of Iligan City Police Station 4, said the construction worker, Rafael Jimenez, 18, a resident of Barangay Tomas Cabili, was found lying on the road, both hands tied up, mouth covered with masking tape. A group of teenagers, hunting spiders in the area, found the body at the grassy part of the road. The victim, who has four stab wounds in the different parts of his body, was identified at the funeral parlor by his father who informed the police that he last saw his son on February 4. Mautin said he received report from the barangay that the victim is a known thief and a deliquent in his area.

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Oro hosts 3rd Philippine Environment Summit  on Feb 26-28

February 8, 2020

Cagayan de Oro will host the 3rd Philippine Environment Summit with the theme “Paradigm (re)Shift: Heeding Nature” on February 26-28, 2020 at the Grand Caprice Convention Center. This year’s Summit shall showcase programs and projects that contribute to the country’s social and economic advancement while protecting the environment. “Global warming and its flip side, climate change, has starkly revealed that our current paradigm for thinking and doing is unsustainable, and it is now undeniable that we must respect and return to nature’s principles if we are to continue the gains of cultural evolution and to save the environment on which our lives depend,” said  Dr. Angelina P. Galang, President of Green Convergence. The biennial Summit is unique to most fora on the environment that present the dire state of our planet in that it recognizes the countless efforts of many Filipinos who are taking positive steps to counter the destruction. “Our Summit proclaims the good news,” Galang stressed. “We celebrate the Philippine environmental movement, and call for the Filipino people to unite in accelerating the drive towards sustainable development.” Confirmed plenary speakers include Federico Lopez, CEO of the Energy Development Corporation and Mitos Urgel of the World Fair Trade Alliance Asia. Also invited are Hollywood star and environmental activist Leonardo DiCaprio and Manila Mayor Isko Moreno. DENR Secretary Roy Cimatu will deliver the keynote address. Hosting of the summit is rotated among the three major island groups of the country. The Summit was first held in 2016 in Luzon at the SM Mall of Asia, Metro Manila, while the 2018 event was held in Visayas at the Waterfront Hotel, Cebu City. The 2020 Summit will be the first time that Mindanao hosts the event. The 3-day Summit will carry the themes of Safe Food, Healthy Environment, and Sustainable Economy. Each day will have plenary sessions in the morning and breakout sessions in the afternoon. Around 1,000 participants from all over the country are expected to attend. The 3rd Philippine Environment Summit is supported by the Energy Development Corporation and the Forest Foundation Philippines. Those who wish to attend are asked to pre-register at bit.ly/2020PESReg. For inquiries, send a message to greenconvergencephil@gmail.com.   REFERENCES:  Dr. Angelina P. Galang President +63 917 853 8841 Jofer B. Asilum Media and Communications Associate +63 921 621 2729 greenconphmedia@gmail.com Teresa Oliva Executive Director +63 915 737 0139

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